Unemployment is studied as a part of

Creative quilts studio sells hundreds of colors and types of fabric and thread. to price its inventory, the owners add 50 percen

Ierofanga [76]

Answer:

Standard markup pricing.

Explanation:

Standard markup pricing uses a fixed (standard) percentage rate of markup for different items. A common rate that is also used in this case is 50% markup.

Example:

If the bolt of fabric costs Creative Quilts $10, they will add 50% of that to the cost when they sell it. 50% * $10 = $5.

Markup + item cost = selling price

$5 + $10 = $15

8 0

4 years ago

John is injured and receives $16,000 of income from a disability policy. John's employer paid 100% of the disability policy prem

Aleks [24]

Answer:

$16,000

Explanation:

Given:

Amount receives from disability policy = $16,000

John's employer paid = 100%

Amount include in income = ?

Computation of amount include in income:

Amount include in income = Amount receives from disability policy × John's employer paid

Amount include in income = $16,000 × 100%

Amount include in income = $16,000

Note: Payments receives from the health insurance Policies are not included.

7 0

3 years ago

Consider a $1200 investment for a new plant that is expected to have a Residual Value of $200 in five years. What is the Salvage

deff fn [24]

Answer:

$173

Explanation:

The computation of the salvage value at the end of year 5 is given below:

Cost of the asset $1,200

Multiply with the depreciation rate 5.76%

Book value at the 5 year end = $69

Resale value $200

gain on sales $131

Multiply with the Capital gain 21%

tax on gain $27

After tax gain on salvage value $173 ($200 - $27)

3 0

3 years ago

The production department of Zan Corporation has submitted the following forecast of units to be produced by quarter for the upc

serious [3.7K]

Answer:

1 & 2. Purchases of Raw Material

Purchases in grams Cost

Quarter 1 68,250 $ 81,900

Quarter 2 82,250 $ 98,700

Quarter 3 75,250 $ 90,300

Quarter 4 60,500 $ 72,600

Full year $ 343.500

3. Expected Cash disbursements

Quarter 1 $ 54,740

Quarter 2 $ 91,980

Quarter 3 $ 93.660

Quarter 4 $ 79,680

Total Year payments $ 320,060

4. Total cost of Direct Labor

Quarter 1 $ 27,900

Quarter 2 $ 37,200

Quarter 3 $ 34,100

Quarter 4 $ 31,000

Total Year for direct labor $ 130,200

Explanation:

Computation of raw material purchases

Raw material consumption

Qtr No of Units per qtr Total Requirement

1 9,000 * 7 gms per unit = 63,000 gms

2 12,000 * 7 gms per unit = 84,000 gms

3 11,000 * 7 gms per unit = 77,000 gms

4 10,000 * 7 gms per unit = 70,000 gms

Total Year 294,000 gms

Raw Material Purchases for each quarter

Purchases = Closing inventory + Consumption - Opening inventory

1 21,000 (84,000gms * 25 % ) + 63,000 - 15.750 = 68,250 gms

2 19,250 (77,000gms* 25 %) + 84,000 - 21,000 = 82,250 gms

3 17,500 ( 70,000gms* 25 %) + 77,000-19,250 = 75,250 gms

4 8,000 ( As per data) + 70,000-17.500 = 60,500 gms

Total year purchases = = 286,250 gms

Cost of purchases

Quarter 1 68,250 gms * $ 1.20 = $ 81,900

Quarter 2 82,250 gms * $ 1.20 = $ 98,700

Quarter 3 75,250 gms * $ 1,20 = $ 90,300

Quarter 4 60,500 gms * $ 1,20 = $ 72,600

Total purchases $ 343,500

Computation of cash disbursements for purchases

Quarter 1 Payments = Opening Payables + 60 % of quarter 1

$ 5,600 + ( 60 %* $ 81,900) = $ 5,600 + $ 49,140 = $ 54,740

Quarter 2 payments

(40 % of quarter 1) + ( 60 % of quarter 2)

($ 81,900 * 40 %) + ( $ 98,700 * 60 %)

$ 32,760 + $ 59,220 = $ 91,980

Quarter 3 payments

(40 % of quarter 2) + ( 60 % of quarter 3)

($ 98,700 * 40 %) + ( $ 90,300 * 60 %)

$ 39,480 + $ 54,180 = $ 93.660

Quarter 4 payments

(40 % of quarter 3) + ( 60 % of quarter 4)

($ 90,300 * 40 %) + ( $ 72,600 * 60 %)

$ 36,120 + $ 43,560 = $ 79,680

Total payments for purchases for the year $ 320,060

Computation of direct labor cost

No of units * Estimated Direct labor hours * Labor rate per hour

Quarter 1 = 9,000 * 0.20 per unit * $ 15.50 = $ 27.900

Quarter 2 = 12,000 * 0.20 per unit * $ 15.50 = $ 37.200

Quarter 3 11,000 * 0.20 per unit * $ 15.50 = $ 34.100

Quarter 4 10,000 * 0.20 per unit * $ 15.50 = $ 31.000

Total cost for Direct labour $ 130,200

8 0

4 years ago

A few years ago the British government was considering retiring, or buying back from investors, some outstanding consols that

inna [77]

Answer:

a coupon bond that pays a fixed coupon rate and does not mature

Explanation:

3 0

3 years ago

Unemployment is studied as a part of​

Unemployment is studied as a part of